News tracking and analysis platform NewsWhip gets funding from some of the world’s leading media players.
Dublin-headquartered NewsWhip has raised $6.4m in a funding round led by The Associated Press and Japanese newspaper Asahi Shimbun.
The digital media start-up has developed a news tracking and analysis tool that is being used by newspapers, online media houses and broadcasters to discover trending news stories.
These news organisations include the BBC, The Guardian and The Washington Post, to name a few.
Whipping the news into shape
The company was founded in Dublin in 2012 by Paul Quigley and Andrew Mullaney. It began as a content destination, before pivoting to become a specialist B2B service provider to news businesses.
Its media monitoring service tracks millions of news stories every day in more than 60 countries, and boasts over 320 clients globally.
Two years ago, the company embarked on a major expansion that included roles in machine learning, design and infrastructure.
The latest funding round led also included investment from Tribal Ventures, Matter.vc, clients of Cantor Fitzgerald, Enterprise Ireland and AIB Seed Capital Fund.
This brings the amount of funding raised by the company to a figure of more than $9m.
In October, Quigley and Mullaney picked up the EY Emerging Entrepreneur of the Year Award.